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Which Is The Richest Bank In Africa In 2021?

In the international community, African Banks are beginning to compete better in terms of capitalization. In as much as most of them would not be compared with some of the well finance Banks in America and United Kingdom, they can favorably stand at par with alot of others. These Banks which are Top in Africa are major financiers of government project and have stayed successful for many years. They include;

1. Standard Bank Group South Africa, $184.518 Billion.

Standard Bank Group offers personal, commercial and corporate financial services and has branches in 32 countries including 20 in Africa. The Standard Bank of South Africa is the single largest operating entity within the Standard Bank Group,according to Standardbank.co.za. The largest bank in the world the Industrial and Commercial Bank of China is a 20.1 percent shareholder in the Standard Bank Group.

2. FirstRand, South Africa, $96 Billion.

FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator.

3. ABSA Group, South Africa, $80 Billion.

Absa Group Limited, and originally Amalgamated Banks of South Africa, is a South African-based financial services group, offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management, as well as bancassurance.

4. National Bank Of Egypt, $75 Billion.

National Bank of Egypt is a bank founded in Egypt in June 1898, and is the country's largest bank (2013) in terms of assets, deposits, loans, bank-capital, number of total branches, and employees.

5. Attijariwafa Bank, Morocco, $55 Billion.

Attijariwafa Bank is a Moroccan multinational commercial bank and financial services company founded and based in Rabat, Morocco. It is the leading bank in Morocco and the largest commercial bank is part of Royal family in Morocco Alaouite Dynasty's holding company the SNI.

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Africa African FirstRand Standard Bank Group Standard Bank Group South Africa

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